Monomoy Capital Partners is getting into the Escort business, but don’t expect any seedy Craigslist postings from the lower midmarket firm anytime soon. Monomoy has acquired Escort Inc., which provides highway radar and laser detectors, from a group led by Falconhead Capital. Monroe Capital today announced it provided a $78.5 million senior secured credit facility to support the transaction.

More stories available to LBO Wire subscribers: BV Investment Partners has raised $208.9 million so far for BVIP Fund VIII LP…Shoreline Capital Management, which invests in Chinese credit securities, sees an increase in deal flow, due partially to an uptick in nonperforming loans being offloaded by Chinese banks…and Catalyst Capital Group closes on $812 million for Catalyst Fund Limited Partnership IV, exceeding the fund’s initial target range of $500 million to $750 million.

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Belgian chemical company Solvay agrees to buy Chemlogics Group for $1.35 billion, Tom Fairless reports for the Journal. Investors in Chemlogics include One Equity Partners, which earlier this year began the process of spinning out from J.P. Morgan Chase & Co.